Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.181%
Price spread now: Gate against Aster+0.120%7-day average −0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1701.698% of the position
Funding, last 5 days (all we have)−0.656%−$66 on $10k
+Price spread, last 4 days (all we have)+0.019%+$2 · spread now +0.120%, 7d avg −0.041%
=Together, before fees−0.637%+ Points / potential airdropAster: Stage 5 · farm board−$64 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.161% dearer against Aster than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster MAGMAUSDT | 0.2318 | 0.0100 | pay 0.0050% / 4h | 1h 18m | $1.4M | $351K | 5x |
| Short | Gate MAGMA_USDT | 0.2321 | 0.0100 | get 0.0050% / 4h | 1h 18m | $976K | $248K | 20x |
Aster MAGMAUSDT
Gate MAGMA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.120% → −0.041%
- $16.13
- Slippage, 4 orders
- −$146.78
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$153.65
- Costs to cover
- 1.698%
- Break-even
- never at this rate
Slippage from Aster: live order book, 5 min ago; Gate: live order book, 44 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster live order book, 5 min ago | 5.40 bp | 26.1 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 44 min ago | 8.04 bp | 56.0 bp −$56 | doesn't fit | doesn't fit | doesn't fit |
MAGMA on 10 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MAGMAUSDTlong | +0.0100% | 4h | 0.2318 | long leg | $1.4M | $351K | 5x | |
| Bybit MAGMAUSDT | +0.0100% | 4h | 0.2319 | +0.030% | $1.7M | $1.1M | 20x | as long as short |
| Gate MAGMA_USDTshort | +0.0100% | 4h | 0.2321 | +0.120% | $976K | $248K | 20x | |
| KuCoin MAGMAUSDTM | +0.0100% | 4h | 0.2309 | −0.397% | $269K | $31K | 20x | as long as short |
| Bitget MAGMAUSDT | +0.0100% | 4h | 0.2319 | +0.064% | $2.2M | $941K | 20x | as long as short |
| Variational Omni MAGMA | +0.0100% | 4h | 0.2315 | −0.123% | $11K | $3K | — | as long as short |
| BingX MAGMA-USDT | +0.0138% | 4h | 0.2318 | −0.013% | — | $1.3M | — | as long as short |
| MEXC MAGMA_USDT | +0.0148% | 4h | 0.2317 | −0.039% | $11.5M | $272K | 50x | as long as short |
| Extended MAGMA-USD | +0.0152% | 1h | 0.2317 | −0.054% | $970 | — | 5x | as long as short |
| Binance MAGMAUSDT | +0.0153% | 4h | 0.2317 | −0.026% | $4.6M | $7.0M | 20x | as long as short |
Bybit MAGMAUSDT
KuCoin MAGMAUSDTM
Bitget MAGMAUSDT
Variational Omni MAGMA
BingX MAGMA-USDT
MEXC MAGMA_USDT
Extended MAGMA-USD
Binance MAGMAUSDT